14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of TREL-B.ST
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Trelleborg AB (publ) stock downgraded to Sell Candidate
(Updated on Jun 14, 2024)

Sell candidate since Jun 14, 2024 PDF

The Trelleborg AB (publ) stock price fell by -2.09% on the last day (Friday, 14th Jun 2024) from kr412.20 to kr403.60. During the last trading day the stock fluctuated 3.25% from a day low at kr400.60 to a day high of kr413.60. The price has been going up and down for this period, and there has been a -1.66% loss for the last 2 weeks. Volume has increased on the last day by 260 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 840 thousand shares were bought and sold for approximately kr339.03 million.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 9.90% during the next 3 months and, with a 90% probability hold a price between kr428.65 and kr472.03 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

TREL-B.ST Signals & Forecast

There are few to no technical positive signals at the moment. The Trelleborg AB (publ) stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at kr416.23 and kr408.98. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, June 12, 2024, and so far it has fallen -5.74%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Trelleborg AB (publ) stock

Trelleborg AB (publ) finds support from accumulated volume at kr388.20 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved kr13.00 between high and low, or 3.25%. For the last week the stock has had daily average volatility of 2.67%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (TREL-B.ST) For The Upcoming Trading Day Of Monday 17th

For the upcoming trading day on Monday, 17th we expect Trelleborg AB (publ) to open at kr405.93, and during the day (based on 14 day Average True Range), to move between kr395.21 and kr411.99, which gives a possible trading interval of +/-kr8.39 (+/-2.08%) up or down from last closing price. If Trelleborg AB (publ) takes out the full calculated possible swing range there will be an estimated 4.16% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at kr409.00 (1.34%) than the support at kr388.20 (3.82%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Trelleborg AB (publ) stock A Buy?

The Trelleborg AB (publ) stock holds several negative signals and despite the positive trend, we believe Trelleborg AB (publ) will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -4.455 Sell Candidate Downgraded

Predicted Opening Price for Trelleborg AB (publ) of Monday, June 17, 2024

Fair opening price June 17, 2024 Current price
kr405.93 ( 0.578%) kr403.60

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for TREL-B.ST

Fibonacci Support & Resistance Levels

Level Price
R3 418.93 3.80%
R2 413.97 2.57%
R1 410.90 1.81%
Price 403.60
S1 400.97 -0.652%
S2 397.90 -1.41%
S3 392.93 -2.64%

Accumulated Volume Support & Resistance Levels

Level Price
R3 419.20 3.87%
R2 410.40 1.68%
R1 409.00 1.34%
Price 403.60
S1 388.20 -3.82%
S2 378.80 -6.14%
S3 377.80 -6.39%

TREL-B Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 25, 2024 Apr 25, 2024 May 02, 2024 kr6.75 1.73%
2 Apr 28, 2023 Apr 28, 2023 Apr 28, 2023 kr6.00 2.33%
3 Apr 28, 2022 Apr 28, 2022 Apr 28, 2022 kr5.50 2.50%
4 Apr 23, 2021 Apr 23, 2021 Apr 23, 2021 kr5.00 2.22%
5 Apr 24, 2020 Apr 24, 2020 Apr 24, 2020 kr2.40 2.04%

FAQ

What is the symbol for Trelleborg AB (publ) Stock and on which exchange is it traded?
The symbol for Trelleborg AB (publ) is TREL-B.ST and it is traded on the OMX (Stockholm Stock Exchange).

Should I buy or sell Trelleborg AB (publ) Stock?
The Trelleborg AB (publ) stock holds several negative signals and despite the positive trend, we believe Trelleborg AB (publ) will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

How to buy Trelleborg AB (publ) Stock?
Trelleborg AB (publ) Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Trelleborg AB (publ) Stock.

What's the current price of Trelleborg AB (publ) Stock?
As of the end of day on the Jun 14, 2024, the price of an Trelleborg AB (publ) (TREL-B.ST) share was kr403.60.

What is the 52-week high and low for Trelleborg AB (publ) Stock?
The 52-week high for Trelleborg AB (publ) Stock is kr428.40 and the 52-week low is kr250.20.

What is the market capitalization of Trelleborg AB (publ) Stock?
As of the Jun 14, 2024, the market capitalization of Trelleborg AB (publ) is 99.962B.

When is the next earnings date for Trelleborg AB (publ)?
The upcoming earnings date for Trelleborg AB (publ) is Jul 18, 2024.
Click to get the best stock tips daily for free!

About Trelleborg AB (publ)

Trelleborg AB (publ) Addtech AB (publ.) operates as a technology trading company in Sweden, Denmark, Finland, Norway, rest of Europe, and internationally. The company operates through Automation, Electrification, Energy, Industrial Solutions, and Process Technology segments. It markets and sells intelligent solutions, subsystems, and components to industrial automation and infrastructure sector, including solutions for robotics, control systems, sensors, and industri... TREL-B.ST Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT